#以太坊市场预期 Looking back at the historical development of Ethereum, I can't help but marvel at the cyclical changes in market sentiment. Currently, the on-chain data of ETH is quite exciting - the volume is approaching the peak of May 2021, and large transfers are also increasing. This reminds me of the prosperity during the bull run in 2017. However, history teaches us not to be blindly optimistic.

Although new buyers are actively entering the market and old players are also increasing their holdings, the potential selling pressure from the 700,000 staked ETH that is about to be unlocked cannot be ignored. This reminds me of the early bear market in 2018 when many people also had overly high expectations for ETH.

The market currently seems to be at a critical juncture of transition between old and new forces. Based on past experience, as long as new funds continue to flow in, short-term fluctuations are not a major concern. However, we must also be wary of the risks that overly optimistic sentiments may bring. After all, the volatility of the crypto market is often unexpected.

Overall, the future prospects of ETH remain bright, but investors need to stay rational and manage risks. Market cycles change rapidly, and it is important to grasp long-term trends rather than being confused by short-term fluctuations.